Geneos Wealth Management Inc. Sells 405 Shares of SPDR ICE Preferred Securities ETF (NYSEARCA:PSK)

Geneos Wealth Management Inc. cut its stake in shares of SPDR ICE Preferred Securities ETF (NYSEARCA:PSK) by 5.3% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 7,276 shares of the company’s stock after selling 405 shares during the period. Geneos Wealth Management Inc.’s holdings in SPDR ICE Preferred Securities ETF were worth $254,000 as of its most recent SEC filing.

Other large investors have also bought and sold shares of the company. Wells Fargo & Company MN raised its stake in shares of SPDR ICE Preferred Securities ETF by 5.2% during the 4th quarter. Wells Fargo & Company MN now owns 801,282 shares of the company’s stock worth $26,859,000 after purchasing an additional 39,944 shares during the period. Park Avenue Securities LLC increased its holdings in SPDR ICE Preferred Securities ETF by 26.2% in the 1st quarter. Park Avenue Securities LLC now owns 285,731 shares of the company’s stock worth $9,963,000 after acquiring an additional 59,243 shares during the last quarter. UBS Group AG increased its holdings in SPDR ICE Preferred Securities ETF by 56.8% in the 4th quarter. UBS Group AG now owns 250,393 shares of the company’s stock worth $8,393,000 after acquiring an additional 90,732 shares during the last quarter. Atlas Private Wealth Advisors purchased a new stake in SPDR ICE Preferred Securities ETF in the 4th quarter worth about $7,327,000. Finally, Allworth Financial LP increased its holdings in SPDR ICE Preferred Securities ETF by 296.8% in the 4th quarter. Allworth Financial LP now owns 172,868 shares of the company’s stock worth $5,795,000 after acquiring an additional 129,307 shares during the last quarter.

SPDR ICE Preferred Securities ETF Price Performance

Shares of PSK opened at $34.30 on Friday. The business has a 50-day moving average of $33.77 and a 200 day moving average of $34.12. SPDR ICE Preferred Securities ETF has a fifty-two week low of $29.91 and a fifty-two week high of $35.37.

About SPDR ICE Preferred Securities ETF

SPDR Wells Fargo Preferred Stock ETF (the Fund) seeks to replicate the total return of the Wells Fargo Hybrid and Preferred Securities Aggregate Index (the Index). The Index is a modified market capitalization weighted index designed to measure the performance of non-convertible preferred stock and securities that are functionally equivalent to preferred stock, including, but not limited to, depositary preferred securities, perpetual subordinated debt and certain securities issued by banks and other financial institutions that are eligible for capital treatment with respect to such instruments akin to that received for issuance of straight preferred stock.